Sec. 25. "Pari-mutuel wagering" means a system of wagering in which those persons who wager on horses that finish in specified positions share the total amount wagered, minus deductions permitted by law. As added by P.L.105-2022, SEC.2.
"Pari-mutuel wagering"
Ind. Code § 4-31-2.1-25, under Chapter 2.1. Definitions.
Ind. Code § 4-31-2.1-25